Palantir can take mounds of data from an organization and report back to a client any news of potential trouble, whether it be terrorism, financial fraud or even human trafficking. Disruptor50
Headquarters: Palo Alto, CA Key technologies: Artificial intelligence, machine learning, software-defined securityAs the drumbeat of a potential IPO this year grows louder, Palantir keeps expanding. In March the secretive Silicon Valley data analytics company co-founded by PayPal founder and Trump advisor Peter Thiel won an army contract worth up to $800 million.
Earlier this year, a Palantir executive revealed on French TV that the company had revenue of $1 billion in 2018. About half came from government agencies and the rest from corporate customers, a segment that is growing rapidly, thanks to a new product called Foundry. The service automates much of what Palantir does, allowing the company to sell ready-to-use software at higher margins.
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